iShares U.S. Financial Services ETF (NYSEARCA:IYG) Shares Sold by Scotia Capital Inc.

Scotia Capital Inc. lessened its holdings in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 67,289 shares of the company’s stock after selling 1,067 shares during the quarter. Scotia Capital Inc. owned 0.33% of iShares U.S. Financial Services ETF worth $5,236,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Roxbury Financial LLC acquired a new stake in shares of iShares U.S. Financial Services ETF during the fourth quarter worth approximately $25,000. Comprehensive Financial Planning Inc. PA bought a new position in iShares U.S. Financial Services ETF during the 4th quarter valued at $50,000. Hopwood Financial Services Inc. acquired a new position in iShares U.S. Financial Services ETF during the 4th quarter worth $55,000. SRS Capital Advisors Inc. increased its position in shares of iShares U.S. Financial Services ETF by 63.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 858 shares of the company’s stock worth $67,000 after purchasing an additional 333 shares during the last quarter. Finally, Millstone Evans Group LLC bought a new stake in shares of iShares U.S. Financial Services ETF in the 4th quarter worth about $79,000.

iShares U.S. Financial Services ETF Stock Performance

Shares of iShares U.S. Financial Services ETF stock opened at $73.32 on Friday. The firm has a market cap of $1.58 billion, a PE ratio of 16.68 and a beta of 1.17. iShares U.S. Financial Services ETF has a 1 year low of $62.13 and a 1 year high of $84.91. The firm’s 50-day simple moving average is $78.85 and its 200-day simple moving average is $78.24.

iShares U.S. Financial Services ETF Profile

iShares U.S. Financial Services ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Financial Services Index (the Underlying Index). The Underlying Index measures the performance of the financial services sector of the United States equity market.